Policy Transferability and Hysteresis: Daily and Weekly Hours in the BRD and the US
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I develop a model with the path of labor-market outcomes exhibiting hysteresis depending on prior labor-market policy. The results suggest that attempts to transfer policies across economies lead to surprising results even if current economic outcomes in the countries appear similar. Examples of
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美国国家经济研究局创建时间：
1994-06-01
